The United Arab Emirates (UAE), one of the MENA region's largest startup ecosystems, saw the highest number of active investors in 2020 YTD (Q1 - Q3), accounting for 18% of active investors in the region. Egypt and Saudi Arabia (KSA) followed in second and third place with 14% and 12%, respectively. Wamda Capital, Global Ventures, and the Abu Dhabi Investment Office (ADIO), all UAE-based investors, were of the top 10 most active funding institutions in the region this year.